4 ms·
Certainly sea power. Also steel, armaments, shipbuilding, shipping, aeronautics, and all manner of other tangible goods and trade. Having 80% of your economy[
by douche 10y ago
Certainly sea power. Also steel, armaments, shipbuilding, shipping, aeronautics, and all manner of other tangible goods and trade.
Having 80% of your economy[1] tied up in parasitic service sector make-work and financial services smacks of decadence and decline.
[1] https://www.ft.com/content/2ce78f36-ed2e-11e5-888e-2eadd5fbc4a4 https://www.ft.com/content/2ce78f36-ed2e-11e5-888e-2eadd5fbc...
- SixSigma 10y agoI live in the North, it used to be a powerhouse of textiles, coal and steel. Now it's just a shell of the glory days, there is no growth. It was no surprise the people here voted for Brexit. The SE sucks the wealth fro mthe nrest of the nation, taking the best investment with it. And we're only 200 miles away. Imagine Orlando having a baseline of $1m for a 3 bedroom house and Miami full of boarded up buildings.